Horizon Kinetics Texas ETF (TEXX) Holdings

NASDAQ: TEXXEvery position, sector weights and overlap with other ETFs.

TEXX holdings summary

as of Oct 25, 2026

Holdings: 32
Top 10 weight: 47.0%
Effective holdings: 23
Largest holding: PBT 8.94%
Annual turnover: —

Top 1047.0%

Top 2585.6%

All TEXX holdings

32 holdings

TEXX holdings by weight
#		Name
1	PBT	Permian Basin Royalty Trust	Energy	8.94%	$262,320.46	$1.54B	94.7
2	LB	LandBridge Company LLC	Energy	6.83%	$200,217.71	$6.39B	72.2
3	FANG	Diamondback Energy, Inc.	Energy	4.74%	$139,062.40	$57.11B	38.8
4	EOG	EOG Resources, Inc.	Energy	3.95%	$115,898.53	$82.88B	12.3
5	COP	ConocoPhillips	Energy	3.91%	$114,546.31	$176.01B	19.4
6	TPL	Texas Pacific Land Corporation	Energy	3.87%	$113,546.07	$24.20B	44.8
7	OXY	Occidental Petroleum Corporation	Energy	3.87%	$113,414.07	$62.36B	17.7
8	SLB	Schlumberger Limited	Energy	3.71%	$108,703.27	$73.47B	23.9
9	XOM	Exxon Mobil Corporation	Energy	3.68%	$107,949.43	$735.95B	23.0
10	CVX	Chevron Corporation	Energy	3.51%	$103,062.64	$441.34B	21.2
11	PAA	Plains All American Pipeline, L.P.	Energy	3.43%	$100,616.31	$17.82B	21.8
12	WBI	WaterBridge Infrastructure LLC	Energy	3.22%	$94,532.75	$3.52B	356.1
13	KMI	Kinder Morgan, Inc.	Energy	2.94%	$86,155.39	$76.16B	22.1
14	PWR	Quanta Services, Inc.	Industrials	2.94%	$86,117.26	$95.00B	72.4
15	EPD	Enterprise Products Partners L.P.	Energy	2.84%	$83,398.14	$79.51B	12.8
16	KMB	Kimberly-Clark Corporation	Consumer Defensive	2.71%	$79,520.38	$35.11B	20.8
17	FLR	Fluor Corporation	Industrials	2.69%	$78,889.73	$6.28B	—
18	SBR	Sabine Royalty Trust	Energy	2.67%	$78,420.41	$1.06B	14.8
19	CNP	CenterPoint Energy, Inc.	Utilities	2.67%	$78,408.68	$26.71B	24.0
20	DHI	D.R. Horton, Inc.	Consumer Cyclical	2.55%	$74,753.85	$38.99B	12.9
21	VST	Vistra Corp.	Utilities	2.31%	$67,851.92	$51.02B	25.6
22	CMC	Commercial Metals Company	Industrials	2.13%	$62,393.14	$7.19B	11.1
23	LGIH	LGI Homes, Inc.	Consumer Cyclical	1.98%	$58,198.59	$999.9M	15.1
24	TPG	TPG Inc.	Financial Services	1.92%	$56,286.12	$16.61B	63.5
25	GRBK	Green Brick Partners, Inc.	Consumer Cyclical	1.61%	$47,313.31	$2.63B	9.2
26	NRG	NRG Energy, Inc.	Utilities	1.56%	$45,808.55	$21.81B	27.2
27	EROK	EagleRock Land, LLC	Energy	1.32%	$38,645.56	$2.31B	6.8
28	LNG	Cheniere Energy, Inc.	Energy	0.46%	$13,545.74	$59.78B	21.9
29	CPRT	Copart, Inc.	Industrials	0.40%	$11,797.53	$25.82B	18.0
30	AN	AutoNation, Inc.	Consumer Cyclical	0.32%	$9,327.73	$5.35B	7.5
31	FRMI	Fermi Inc.	Real Estate	0.11%	$3,294.04	$2.03B	—
32	CRT	Cross Timbers Royalty Trust	Energy	0.07%	$2,076.74	$76.8M	24.2

Weights as a percentage of net assets. Value held = weight × net assets ($2.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).

TEXX sector breakdown

TEXX sector breakdown
Sector	Weight	Holdings	Largest
Energy	64.0%	18	PBT, LB, FANG
Industrials	8.2%	4	PWR, FLR, CMC
Utilities	6.5%	3	CNP, VST, NRG
Consumer Cyclical	6.5%	4	DHI, LGIH, GRBK
Consumer Defensive	2.7%	1	KMB
Financial Services	1.9%	1	TPG
Real Estate	0.1%	1	FRMI

Sum of the weights of the holdings in each sector.

TEXX top industries

Oil & Gas E&P

27.2%

Oil & Gas Midstream

21.3%

Oil & Gas Equipment & Services

8.2%

Oil & Gas Integrated

7.2%

Residential Construction

6.1%

Engineering & Construction

5.6%

Utilities - Independent Power Producers

3.9%

Household & Personal Products

2.7%

Utilities - Regulated Electric

2.7%

Metal Fabrication

2.1%

Asset Management

1.9%

Specialty Business Services

0.4%

Auto & Truck Dealerships

0.3%

REIT - Specialty

0.1%

TEXX overlap with other ETFs

TEXX holdings overlap with other ETFs
ETF	Fund	Overlap	Shared holdings	Expense ratio
SPY	SPDR S&P 500 ETF	3.0%	16 of 502	0.09%
DIA	SPDR Dow Jones Industrial Average ETF	2.5%	1 of 30	0.16%
VTI	Vanguard Total Stock Market ETF	2.5%	24 of 2,941	0.03%
IWM	iShares Russell 2000 ETF	0.5%	4 of 1,962	0.19%
QQQ	Invesco QQQ ETF	0.4%	2 of 101	0.17%
VXUS	Vanguard Total International Stock ETF	0.0%	1 of 8,035	0.05%

Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.

About the TEXX portfolio

Horizon Kinetics Texas ETF holds 32 positions. The ten largest make up 47.0% of the fund, so it behaves like a portfolio of about 23 equally weighted stocks. The biggest positions are Permian Basin Royalty Trust (8.94%), LandBridge Company LLC (6.83%), Diamondback Energy, Inc. (4.74%), EOG Resources, Inc. (3.95%), ConocoPhillips (3.91%).

By sector, Energy is 64.0%, Industrials is 8.2%, Utilities is 6.5%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.

TEXX holdings FAQ

How many holdings does TEXX have?

TEXX holds 32 positions as of October 25, 2026.

What are the top 10 holdings of TEXX?

The ten largest holdings are Permian Basin Royalty Trust (8.94%), LandBridge Company LLC (6.83%), Diamondback Energy, Inc. (4.74%), EOG Resources, Inc. (3.95%), ConocoPhillips (3.91%), Texas Pacific Land Corporation (3.87%), Occidental Petroleum Corporation (3.87%), Schlumberger Limited (3.71%), Exxon Mobil Corporation (3.68%), Chevron Corporation (3.51%). Together they are 47.0% of the fund.

What percentage of TEXX is Permian Basin Royalty Trust?

Permian Basin Royalty Trust is the largest holding at 8.94% of net assets, about $262,320.46 of the fund's $2.9M.

Which sector is the largest in TEXX?

Energy is the largest sector at 64.0%, followed by Industrials (8.2%) and Utilities (6.5%), based on the sectors of the individual holdings.

How concentrated is TEXX?

The top 10 holdings are 47.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) TEXX behaves like a portfolio of about 23 equally weighted stocks.